Triple Point Social Housing REIT (LON:SOHO) Trading Down 0.3% - Here's Why

Triple Point Social Housing REIT plc (LON:SOHO - Get Free Report)'s share price was down 0.3% during trading on Tuesday . The stock traded as low as GBX 70 ($0.94) and last traded at GBX 71.80 ($0.96). Approximately 543,776 shares were traded during mid-day trading, a decline of 45% from the average daily volume of 991,195 shares. The stock had previously closed at GBX 72 ($0.97).

Triple Point Social Housing REIT Stock Down 0.3%

The stock has a 50 day moving average price of GBX 68.58 and a two-hundred day moving average price of GBX 62.36. The company has a market cap of £286.34 million, a P/E ratio of 11.15 and a beta of 0.30.

Triple Point Social Housing REIT (LON:SOHO - Get Free Report) last released its quarterly earnings data on Tuesday, March 25th. The company reported GBX 5.40 ($0.07) earnings per share (EPS) for the quarter. Triple Point Social Housing REIT had a net margin of 62.91% and a return on equity of 5.77%. Equities analysts anticipate that Triple Point Social Housing REIT plc will post 6.4980159 EPS for the current year.

Triple Point Social Housing REIT Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, April 11th. Stockholders of record on Thursday, March 27th were given a dividend of GBX 1.37 ($0.02) per share. The ex-dividend date of this dividend was Thursday, March 27th. This represents a dividend yield of 2.31%. Triple Point Social Housing REIT's dividend payout ratio (DPR) is presently 77.67%.

About Triple Point Social Housing REIT

Social Housing REIT seeks to address the ongoing housing crisis by investing in the UK social housing sector, providing sustainable high-quality homes which have been adapted for vulnerable adults with long-term care and support needs including mental health issues, learning disabilities, or physical and sensory impairment. We believe our residents deserve a home that offers greater independence than institutional accommodation, at the same time as meeting their specialist care needs.

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